FundedIQ

Recently Funded Startups in Riyadh

Updated Sep 2026

FundedIQ tracks 181 funded startups in Riyadh, with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Riyadh, along with the 100 most recently funded startups there.

Financial Services, Artificial Intelligence and Commerce and Shopping hold the most companies by sector. Startups in Riyadh closed 125 funding rounds over the last 24 months, 66 of them in the last 12 months, and raised $5.7B in disclosed capital. The median disclosed round is $4.7M, with the middle half of rounds falling between $1.5M and $24M.

Financial Services and Artificial Intelligence lead this market. Early stage labels dominate the mix. Local venture capital firms drive the activity, creating a concentrated pool of capital. This concentration means a few key partners control access to the most active founders. Success here depends on knowing which specific firms hold the most influence over these early rounds.

Riyadh funded startup statistics

Funded startups in Riyadh
181
tracked in the database
Funding rounds, last 12 months
66
125 over 24 months
Disclosed capital raised, 24 months
$5.7B
103 of 125 rounds disclosed an amount
Median round size
$4.7M
middle half $1.5M to $24M

Most recent funding round on record: Aug 2026. Investors appearing most often across Riyadh funding rounds: 500 Global, Oqal.

100 most recently funded startups in Riyadh

100 of 181

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

R
Riyadh, Saudi Arabia · Marketplace, Retail Technology
Raff is a platform connecting brands and retailers, managing sales, suppliers, orders, and inventory…
Pre-Seed ·
$1.7M
R
Riyadh, Saudi Arabia
A specialized Saudi company providing AI driven solutions, integrated with branch monitors and IoT. Utilizing…
Seed ·
$2.0M
D
Riyadh, Saudi Arabia · Artificial Intelligence (AI), Health Insurance, Machine Learning, Predictive Analytics, SaaS, Software
DESAISIV is an InsurTech B2B company offering bespoke AI SaaS that exploits billions of data points to…
Series Unknown ·
$8.0M
M
Mozn
Riyadh, Saudi Arabia · Analytics, Artificial Intelligence (AI), Big Data, Business Intelligence, Data Mining, Machine Learning
Mozn is the market leader in enterprise AI technologies that empower organizations, with a focus on Arabic…
Series Unknown ·
Undisclosed
B
Riyadh, Saudi Arabia · Financial Services
Bidaya is a provider of home financing services.
Series Unknown ·
$80M
K
Riyadh, Saudi Arabia · Hardware
Keir International is a telecom company that supplies and installs fiber-optic cables, wireless networks, and…
Series Unknown ·
$41M
D
Riyadh, Saudi Arabia · Financial Services
Derayah Financial is a digital investment firm and brokerage that provides online access to local and global…
Series Unknown ·
$80M
A
Riyadh, Saudi Arabia · Financial Services
AviLease is an aircraft lessor with a portfolio of the latest generation, environmentally friendly aircraft,…
Series Unknown ·
$650M
A
Riyadh, Saudi Arabia · Real Estate
Asas Makeen operates in the real estate development and investment sector, focusing on residential and urban…
Series Unknown ·
$93M
T
Riyadh, Saudi Arabia · Manufacturing
Tadweeer focused on manufacturing metals by repurposing old electrical devices, vehicles, and cables.
Series Unknown ·
$16M
J
Riyadh, Saudi Arabia · Real Estate
Jabal Omar Development Co. provides accommodation and supports religious, social, and commercial facilities…
Series Unknown ·
$533M
D
Riyadh, Saudi Arabia · Commerce and Shopping
DataVolt is a leading innovator in state-of-the-art and sustainable data center solutions, empowering…
Series Unknown ·
$150M
P
Riyadh, Saudi Arabia · Transportation
Pickappo is not a delivery company but a tech platform that connects various delivery apps with rapid…
Pre-Seed ·
$530k
D
Riyadh, Saudi Arabia · Financial Services
D360 Bank is a digital bank that offers mobile-based banking services, including account management,…
Series A ·
$400M
H
Hysabat Solutions
Riyadh, Saudi Arabia · Financial Services
Hysabat is a cloud-based ERP solution that simplifies sales, finance, accounting, payroll, HR, and POS…
Seed ·
Undisclosed
S
Riyadh, Saudi Arabia · Consumer Electronics
Aseer Company is established for trade, tourism, agriculture, industry, real estate, and contracting. This is…
Series Unknown ·
$80M
A
Riyadh, Saudi Arabia · Sports
Armah Sports will deliver the new generation of fitness clubs in Saudi market, a fully integrated "Smart…
Series Unknown ·
$29M
I
Riyadh, Saudi Arabia · Commerce and Shopping
Intelligent Oud manufactures and sells oud incense products online via ioudstore.com.
Series Unknown ·
$13M
S
STV
Riyadh, Saudi Arabia · Financial Services
STV is an independent VC fund that is anchored by STC (MENA's largest telecom operator) with access to its…
Series Unknown ·
Undisclosed
A
Riyadh, Saudi Arabia · Data and Analytics
Arib is a FinTech company. Arib a digital broker for all financing products.
Series Unknown ·
$24M
S
Riyadh, Saudi Arabia · Financial Services
Stitch develops payment infrastructure and financial technology tools that support online and in-person…
Series A ·
$25M
S
Riyadh, Saudi Arabia · FinTech, Finance, B2B Software
Stream is a company that helps make payments simpler, faster, and reliable.
Seed ·
$5.2M
F
Riyadh, Saudi Arabia · Real Estate
First Avenue Real Estate Development is a distinguished company in real estate investment and development.
Series Unknown ·
$53M
G
Riyadh, Saudi Arabia · Artificial Intelligence (AI)
Gabster is an AI powered customer engagement and business communication platform that helps organizations…
Pre-Seed ·
$500k
V
Riyadh, Saudi Arabia · Real Estate
نسعى إلى نقل التطوير العقاري إلى مستوى جديد كلياً
Series Unknown ·
Undisclosed
M
Riyadh, Saudi Arabia · Health Care
Madeed is a privately held company that works in the facilities and health care distribution industry.
Pre-Seed ·
$530k
M
Riyadh, Saudi Arabia · Hardware
Metafare is a company that offers a virtual reality (VR) fitness and wellness platform.
Seed ·
$1.0M
B
Riyadh, Saudi Arabia · Commerce and Shopping
BRKZ is a construction technology company that offers a comprehensive solution for contractors and builders…
Series Unknown ·
Undisclosed
M
Riyadh, Saudi Arabia · Real Estate
MULTI BUSINESS Group is a construction company specializing in fit-out contracting services for government…
Series Unknown ·
$4.0M
S
Riyadh, Saudi Arabia · Software Development
Signit is the platform organizations use to create, sign, and manage agreements digitally—from legally…
Series A ·
$15M
A
Riyadh, Saudi Arabia · Clothing and Apparel
Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into…
Series A ·
$6.9M
J
Riyadh, Saudi Arabia · Real Estate
Jozo is help you to own a part of the property in simple and easy steps, and it will generate a regular…
Seed ·
$2.2M
M
Riyadh, Saudi Arabia · Financial Services
Muhlah is a Saudi fintech company.The company provides microfinancing focused on credit discipline,…
Seed ·
$7.5M
R
Rimal Semiconductors
Riyadh, Saudi Arabia · Hardware
Rimal Semiconductors is Saudi Arabia’s first fabless semiconductor design company specializing in…
Pre-Seed ·
Undisclosed
C
Riyadh, Saudi Arabia · Apps
CashIn is an enablement app that supports smart devices to facilitate merchants by managing their sales,…
Series A ·
$16M
S
Riyadh, Saudi Arabia · Apps
Simplified Financial Solutions Company offers startups and SMEs financial management solutions including the…
Series A ·
$20M
J
Riyadh, Saudi Arabia · Apps
Jeel Pay is a financial technology company that creates payment and collection solutions specifically…
Series Unknown ·
$30M
D
Riyadh, Saudi Arabia · Information Technology
DSShield provides physical security consultation and cybersecurity services.
Series Unknown ·
$54M
N
Riyadh, Saudi Arabia · Commerce and Shopping
Nabt is B2B marketplace that connects wholesale and retail businesses to farmers & suppliers directly with…
Seed ·
$3.4M
M
Riyadh, Saudi Arabia · Hospitality, Transportation, Property Management
Mnzil uses technology to enhance workforce living, delivering smarter, more comfortable, and productive…
Series A ·
$12M
Z
Riyadh, Saudi Arabia · Manufacturing
Zahrat Al Waha For Trading is a manufacturer of PET preform and HDPE closure products. It produces for its…
Series Unknown ·
$29M
G
Riyadh, Saudi Arabia · Real Estate, Finance
Ghanem is digital real estate platform specializing in fractional ownership solutions.
Seed ·
$7.1M
S
Riyadh, Saudi Arabia · RegTech
RegTech, Corporate Services
Pre-Seed ·
$2.0M
S
Riyadh, Saudi Arabia · FinTech, Finance, Artificial Intelligence (AI), Analytics, Data
SahmAlgo is an AI-driven financial information platform.
Seed ·
$1.0M
S
Riyadh, Saudi Arabia · Construction, Logistics, Marketplace
Shatib is a B2B marketplace that specializes in construction goods.
Pre-Seed ·
$750k
W
Workey
Riyadh, Saudi Arabia · Professional Services, Real Estate, Logistics
Workey is formed to provide business solution to companies and entrepreneurs to excel and grow in there field.
Seed ·
Undisclosed
R
Rased
Riyadh, Saudi Arabia · Artificial Intelligence (AI), Cyber Security, FinTech, Finance
Rased provides innovative AI-powered fraud detection and prevention solutions.
Pre-Seed ·
Undisclosed
B
Riyadh, Saudi Arabia · B2B Software, Analytics, Marketing, Sales
Bonat is a customer engagement solution that provides advanced tools to help in managing businesses.
Series A ·
$6.0M
R
Riyadh, Saudi Arabia · Artificial Intelligence (AI), B2B Software, Entertainment
Rmz.ai is a generative AI platform that provides intelligent tools to manage and streamline audio, and video…
Pre-Seed ·
$100k
V
Riyadh, Saudi Arabia · Software
Velents is a technology-driven platform for hiring that combines an applicant tracking system and assessments…
Seed ·
$1.5M
U
Riyadh, Saudi Arabia · Information Technology
Unifonic is a customer engagement platform that enables organizations to delight customers with remarkable…
Series Unknown ·
Undisclosed
H
HUMAIN
Riyadh, Saudi Arabia · Artificial Intelligence (AI), Cloud Computing, Data, Healthcare, Manufacturing, Finance
HUMAIN is a global artificial intelligence company delivering full-stack AI capabilities
Private Equity ·
Undisclosed
K
Riyadh, Saudi Arabia · Marketing Services
KLIQ is a platform that utilizes artificial intelligence to facilitate collaboration between brands and…
Seed ·
$2.3M
E
Riyadh, Saudi Arabia · Human Resources, Analytics, B2B Software
EngageSoft is a Jordanian employee engagement tool
Seed ·
$3.5M
S
Riyadh, Saudi Arabia · Administrative Services
Sadq has created a digital platform that allows users to easily and quickly manage documents in a secure and…
Seed ·
$1.0M
D
Riyadh, Saudi Arabia · Artificial Intelligence (AI), B2B Software, Marketing, Data
AI Powered Customer Experience
Seed ·
$1.7M
B
Riyadh, Saudi Arabia · FinTech, Finance
BwaTech enables corporates that deal with more than one bank to carry banking operations through one platform.
Venture - Series Unknown ·
$16M
B
Riyadh, Saudi Arabia · Information Technology
A SaaS platform that provides predictive analytics with smart recommendations for Retailers to enhance…
Seed ·
Undisclosed
O
Riyadh, Saudi Arabia · Blockchain
Oumla is a blockchain services company.
Seed ·
$2.4M
H
Riyadh, Saudi Arabia · Financial Services
Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable…
Series B ·
$157M
L
Riyadh, Saudi Arabia · FinTech, Finance
LDUN offers fintech solutions and digital financial services for small and medium-sized enterprises.
Seed ·
$4.8M
S
Riyadh, Saudi Arabia · FinTech, Finance, Artificial Intelligence (AI), Investing
Sinbad Tech is a fintech company that provides artificial intelligence and investment management services.
Seed ·
$4.8M
B
Riyadh, Saudi Arabia · FinTech, Finance, Marketplace
Bynow is a fintech business that offers marketplaces, manufacturers, wholesalers, and SMEs innovative B2B…
Pre-Seed ·
$1.2M
F
Riyadh, Saudi Arabia · Construction, Marketplace
Fitting to provide outstanding value, guarantee affordability, and make access to materials easier.
Pre-Seed ·
$500k
Z
Riyadh, Saudi Arabia · Information Technology
Zetta Technologies offers a unique business model as a provider of Device as a Service (DaaS).
Series A ·
$12M
G
Riyadh, Saudi Arabia · Internet Services
Gathern is a booking platform of private villas, chalets, rest houses, camps, resorts, farms and other places…
Series B ·
$72M
N
NJD Games
Riyadh, Saudi Arabia · Apps
NJD Games is a mobile gaming company that specializes in developing engaging and high-quality games that…
Seed ·
Undisclosed
S
Riyadh, Saudi Arabia · Artificial Intelligence (AI)
Salasa is a logistics firm that specializes in providing commerce fulfillment services to assist contemporary…
Series B ·
$30M
W
Riyadh, Saudi Arabia · Artificial Intelligence (AI)
Wittify.ai is creating the most sophisticated conversational AI platform with Arabic as the primary language.
Pre-Seed ·
$1.5M
L
Riyadh, Saudi Arabia · Artificial Intelligence (AI)
Lucidya is a business-to-business software as a service company that was established in 2016 and is based in…
Series B ·
$30M
Y
Riyadh, Saudi Arabia · Apps
Yasmina is the pioneer embedded insurance platform in Saudi Arabia, allowing digital businesses to offer…
Seed ·
$2.0M
T
Tarmeez Capital
Riyadh, Saudi Arabia · Financial Services
Tarmeez Capital provides Islamic law-compliant services including sukuk financing, corporate funding, and…
Seed ·
Undisclosed
S
Riyadh, Saudi Arabia · Financial Services
Snbla is a financial technology startup based in Riyadh that is changing the way people save for expensive…
Pre-Seed ·
$100k
M
Morni
Riyadh, Saudi Arabia · Apps
Morni is a technology platform that offers roadside assistance services to individuals and businesses in…
Series Unknown ·
Undisclosed
D
Riyadh, Saudi Arabia · Artificial Intelligence (AI)
Darwinz AI is a technology firm that focuses on implementing advanced AI solutions and data analytics to…
Seed ·
$330k
B
Riyadh, Saudi Arabia · Commerce and Shopping
BirdEye strives to radically transform the shopping experience by offering advanced technological solutions…
Pre-Seed ·
$590k
K
Riyadh, Saudi Arabia · Health Care
Kilow offers a comprehensive solution that includes GLP-1 medication, personalized lifestyle programs, and…
Seed ·
$2.5M
N
Riyadh, Saudi Arabia · Financial Services
NQOODLET is an electronic platform targeting SMEs to manage their expenses, purchases through the credit…
Seed ·
$3.0M
P
PIXCONVEY
Riyadh, Saudi Arabia · Transportation
DISCOVER THE SAFEST SELF-DELIVERY EXPERIENCE WITH PIXCONVEY.
Series Unknown ·
Undisclosed
T
Thakaa Med
Riyadh, Saudi Arabia · Artificial Intelligence (AI)
Thakaa Med is a prominent healthcare innovator that utilizes AI technology. Their goal is to transform…
Series Unknown ·
Undisclosed
T
Riyadh, Saudi Arabia · Financial Services
uba is a healthtech platform revolutionizing the way businesses manage and finance employee healthcare in…
Pre-Seed ·
$8.0M
M
Riyadh, Saudi Arabia · Financial Services
Moneymoon is the first P2P lending app in Saudi Arabia that offers a one-month loan model tied to salary,…
Series A ·
$3.0M
S
Stuck
Riyadh, Saudi Arabia · Apps
STUCK is a live, on-demand technology platform that provides language support services to individuals and…
Pre-Seed ·
Undisclosed
L
Riyadh, Saudi Arabia · Real Estate
Ladun Investment Company operates as an investment holding company. The Company focuses on real estate…
Series Unknown ·
$58M
P
Riyadh, Saudi Arabia · Transportation
Pieship is a logistics startup serving last mile and their customers using Ai and crowdsourcing.
Seed ·
$2.1M
R
Riyadh, Saudi Arabia · Artificial Intelligence (AI)
RasMal provides a complete system for efficiently managing your capitalization table, gaining insight into…
Seed ·
$4.8M
B
Riyadh, Saudi Arabia · Financial Services
BuildNow is MENAP's first "Build Now Pay Later" solution. We fund the raw materials construction &…
Series Unknown ·
$10M
L
Riyadh, Saudi Arabia · Financial Services
lite is a fintech startup from Saudi Arabia, established by a group of experts in the payment industry. Their…
Pre-Seed ·
$3.2M
U
UpLevel
Riyadh, Saudi Arabia · Education
UpLevel provides advanced solutions that enable people and organizations to reach sustainable career…
Pre-Seed ·
Undisclosed
N
Nabeeh
Riyadh, Saudi Arabia · Internet Services
Nabeeh is an internet-based service that enables users to schedule appointments for a variety of household…
Seed ·
Undisclosed
E
Riyadh, Saudi Arabia · Information Technology
Ebana offers a full overview of your company’s ownership setup and helps you handle transactions related to…
Seed ·
$2.7M
A
Riyadh, Saudi Arabia · Agriculture and Farming
ARABLE designs hydroponic farms that are affordable and customized for local conditions in desert climates to…
Seed ·
$2.6M
D
Riyadh, Saudi Arabia · Data and Analytics
DRC provides services in market research and data analysis including brand evaluation, product development,…
Series Unknown ·
$2.7M
M
Riyadh, Saudi Arabia · Manufacturing
Meyar is a company that operates in the manufacturing sector, specializing in producing premixed concrete.
Series Unknown ·
$1.5M
R
Riyadh, Saudi Arabia · Real Estate
Rize is a technology platform focused on real estate that is changing the way rental payments are made for…
Series A ·
$35M
A
Riyadh, Saudi Arabia · Financial Services
Amwal Tech offers an easy-to-use biometric technology for quick checkout and authentication, incorporating…
Seed ·
$4.0M
R
Riyadh, Saudi Arabia · Technology
Revie offers a complete solution for business and residential renovations, simplifying the typically complex…
Seed ·
$2.5M
S
Riyadh, Saudi Arabia · Information Technology
String is a cutting-edge platform that is revolutionizing sales and marketing automation for businesses in…
Pre-Seed ·
$530k
N
Naeem
Riyadh, Saudi Arabia · Consumer Goods
Naeem is a comprehensive tool for managing salons, helping to streamline operations, automate bookings,…
Seed ·
Undisclosed
A
Riyadh, Saudi Arabia · Education
AlGooru is a Saudi-based dynamic tutor matching service that matches students with online/in-person private…
Seed ·
$4.0M

81 more funded startups

181 startups · 100 visible Unlock with FundedIQ

This page shows the 100 most recent rounds (back to Dec 2024). The full 181-company history for this listing opens on a FundedIQ plan.

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Location
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Industries with the most funded startups in Riyadh

Sector counts across all 181 tracked companies in Riyadh. A company assigned more than one industry is counted in each.

Funding stages in Riyadh

How the last 24 months of funding rounds for funded startups in Riyadh break down by stage.

Stage
Rounds, last 24 months

A further 38 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Riyadh startup funding data

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 181 funded startups in Riyadh currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (22 of 125 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Riyadh is dated Aug 2026.

The table above shows the 100 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded startups are there in Riyadh?

FundedIQ tracks 181 funded startups in Riyadh. This page lists the 100 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have startups in Riyadh raised?

Startups in Riyadh tracked by FundedIQ have raised $5.7B in disclosed capital across 125 funding rounds over the last 24 months, including 66 rounds in the last 12 months. 103 of those 125 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Riyadh?

Financial Services has the most, with 31 companies, followed by Artificial Intelligence (29), Commerce and Shopping (15) and Real Estate (13). Sector counts include every company assigned that industry, and a company can carry more than one.

What is a typical funding round size for startups in Riyadh?

The median disclosed round over the last 24 months is $4.7M, and the middle half of rounds fall between $1.5M and $24M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for startups in Riyadh?

Seed is the most common labelled stage, with 43 rounds in the last 24 months, ahead of Pre-Seed (25) and Series A (13). A further 38 rounds were announced without a stage label and are not counted here.

How often is the Riyadh startup funding data updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Riyadh is dated Aug 2026. Counts and totals on this page are recomputed on every refresh.

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